Harga emas telah nak mencecah RM7.00/gram dalam tempoh masa 2 minggu sahaja sepanjang Februari 2014, kenaikan tinggi ini berlaku selepas cuti Tahun Baru Cina di Malaysia, graf indeks emas pada minggu pertama naik setiap malam selepas pasaran NY COMEX dibuka membuktikan pelabur emas di US bimbang dengan kelemahan dollar amerika dan pelabur membeli logam emas sebagai sekuriti untuk pelaburan mereka. Pada masa yang sama, kejatuhan matawang utama yang lain seperti yen turut membantu menaikkan harga emas sepanjang Februari 2014. (paparan akhbar seperti dibawah)
Gold and silver climbed as precious metals extended their advance, while Japanese stocks retreated as the yen gained after disappointing economic data. The Malaysian and Korean currencies strengthened.
Gold gained 0.2 per cent by 9:41am in Tokyo, furthering last week’s steepest jump since August, as silver rose a 12th day. Japan’s Topix Index slipped 0.4 per cent after six weeks of declines, while the MSCI Asia Pacific Index rose 0.2 per cent. Standard & Poor’s 500 Index futures slipped 0.1 per cent following the US gauge’s best week since December. Malaysia’s ringgit, the Korean won and the yen rose at least 0.3 per cent. Oil in New York rose 0.3 per cent to hold above US$100 (RM330) a barrel.
“At this stage we remain cautious,” Angus Gluskie, who helps oversee about US$550 million as a fund manager at White Funds Management in Sydney, said by phone. “The rally that we’ve seen in the past week has been very rapid and that could sometimes be problematic. We’d like to see a bit more data.”
Gold rose to US$1,322.21 an ounce after jumping 4.1 per cent last week, the most since August. Silver rose 0.8 per cent after surging 7.3 per cent last week to the highest level since November 8. Platinum and palladium climbed at least 0.2 per cent.
Gold hit fresh three-month highs on Monday, adding to gains after posting its biggest weekly rise in six months, as fears over US economic growth and a weaker dollar sent investors seeking the safe-haven metal.
Elsewhere gold premiums in India, the world’s second-biggest consumer of the metal after China, fell 17% on Friday to their lowest in four months as buyers postponed purchases on speculation over a possible cut in import duty soon